Prabhat Dairy has agreed to sell its dairy business to Tirumala Milk Products for Rs17bn ($238m).
Southern Glazer’s Wine & Spirits has agreed to distribute Gérard Bertrand's wine brands in five new US markets, in addition to the existing 28 markets.
Big Drop Brewing has completed a seed funding round to raise £500,000 ($643,405) from private investors to increase its production capacity and marketing capabilities.
Gaja has signed a distribution agreement with Hatch Mansfield, a wholesaler and importer based in the UK.
Kona Gold Solutions has signed new distribution agreements with Milestone Beverage and Carolina Coastal Beverage.
Italian Food & Beverage Corporation (IFBC) has formed a joint venture (JV) with ID Beverage Group.
Luckin Coffee has secured $200m through a funding round led by GIC and China International Capital Corp.
Heineken has acquired a stake in La Cibeles for an undisclosed price.
Unilever has agreed to acquire GlaxoSmithKline’s Health Food Drinks (GSK HFD) business in India for $3.8bn.
Coca-Cola Amatil has signed a 28-year distribution agreement with Abro.